Project Accountant

CBS Comprehensive Business Services; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading financial services firm in Riyadh is looking for a dedicated Project Accountant. In this role, you will oversee the financial aspects of various projects, including budgeting, forecasting, and financial reporting. Ideal candidates will have at least 5 years of project accounting experience and a Bachelor's degree in Accounting or Finance. Strong analytical and communication skills are essential. If you are passionate about project finance, apply today!

Qualifications

• Minimum of 5 years of experience in project accounting or related financial roles.
• Strong knowledge of accounting principles and financial management.
• PMP or similar certification is a plus.

Responsibilities

• Prepare and maintain project budgets, forecasts, and financial reports.
• Monitor project expenditures and analyze variances.
• Assist in development of project proposals with financial insights.

Skills

Analytical skills

Communication skills

Problem-solving skills

Education

Bachelor's degree in Accounting, Finance, or a related field

Tools

Accounting software

Microsoft Excel

Job description

CBS is seeking a dedicated and detail-oriented Project Accountant to join our team. In this vital role, you will be responsible for overseeing the financial aspects of various projects, including budgeting, forecasting, financial reporting, and cost analysis. You will work closely with project managers and stakeholders to ensure all financial data is accurate and up-to-date, facilitating informed project decisions and strategies. Your analytical skills will enable you to identify discrepancies, mitigate financial risks, and optimize project profitability. The ideal candidate will have a strong background in project accounting, excellent communication skills, and the ability to thrive in a collaborative environment. If you are passionate about project finance and want to contribute your expertise to exciting projects at CBS, we encourage you to apply.

Responsibilities

• Prepare and maintain project budgets, forecasts, and financial reports, ensuring compliance with company policies and procedures
• Monitor project expenditures, analyzing variances against budgets and identifying areas for cost control
• Assist in the development of project proposals and business cases by providing financial insights and data
• Coordinate with project managers to ensure timely and accurate financial reporting, including monthly billing and invoicing
• Perform regular audits of project financials, identifying discrepancies and implementing corrective actions as needed
• Provide support during audits and ensure that all documentation meets compliance standards
• Collaborate with cross‑functional teams to optimize financial performance and project outcomes

Requirements

• Bachelor's degree in Accounting, Finance, or a related field
• A minimum of 5 years of experience in project accounting or related financial roles
• Strong knowledge of accounting principles and project financial management
• Proficiency in accounting software and Microsoft Excel
• Excellent analytical, reporting, and problem-solving skills
• Strong communication and interpersonal skills, with the ability to work collaboratively in a team environment
• Project Management Professional (PMP) or similar certification is a plus